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Extra resources for Antenna-Radio Propagation Part 5 - Canadian MIL TM

Example text

4 But since 1972, Mitchell Sharp's essay, Canada-US Relations: Options for the Future,5 had reigned as the official view of the options for Canada-US relations. The essay was a response to the August 1971 'Nixon measures' whereby the United States broke from the postwar Bretton Woods arrangements which required fixed exchange rates. For Canada, the most severe component of the Nixon measures had been the imposition of a 10 per cent import surcharge on dutiable imports from all sources. The refusal of the Americans to exempt Canada from the surcharge and the potentially devastating effect that the surcharge, if maintained for any period, would have had on Canada, brought home to the government of the day the need to re-examine the comfortable assumptions underpinning the bilateral trading relationship.

By the mid-igSos, apart from Australia, Canada was the only advanced industrial country in the world that did not have secure access to a large market of 100 million or more people. 18 Adherents of the status quo also seemed ready to ignore the subtle, gradual, and fundamental changes taking place in the capacity of the GATT rules to protect and advance Canadian trade interests with its principal trading partner. Whatever its strengths had been in providing a general framework of rules and a world forum for trade negotiations, GATT was proving insufficient to deal with the massive and complex Canada-US trade and economic relationship.

A correct assessment would be based on the wages paid for the skills required by a particular firm. Each firm would have a different set of requirements and would choose its most suitable location accordingly. The advantages which had brought Canadian industries to their existing regional locations would not disappear under free trade. Industrial regions are often perceived to be far more unstable than they really are. The relative economic sizes of North American regions would change if the regions had different growth rates.

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Antenna-Radio Propagation Part 5 - Canadian MIL TM


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